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Yuri
Number of messages : 237
Points : 1326
Date of Entry : 2015-06-28
Year : 32

Twilio Inc. (TWLO)

on Wed Jan 25, 2017 7:18 pm
Below is a daily chart of Twilio Inc. (TWLO), $30.21.



Trade:  We recommend selling 10 Feb $26 puts (23 DTE) at $.70/share or better.  Note:  holding over earnings is higher risk but we like the bottoming pattern and reward-risk.
Strategy:  Breakout on daily chart after false breakdown, and climactic buy setup on major support on monthly chart.

Max Gain:   Credit received of $700.
Max Loss:  Cost basis will be $25.30 if assigned.
Stop Loss:  $25.88.

source: mastertrader
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